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DOI10.1016/j.socec.2024.102185
Climate change, tipping points, and economics
de Zeeuw, Aart
发表日期2024
ISSN2214-8043
EISSN2214-8051
起始页码109
卷号109
英文摘要This paper discusses the response of the economics profession to a possible occurrence of tipping points in natural systems, with a drop in welfare. For a climate tipping point, the hazard -rate model is relevant, and the paper shows that in a Ramsey growth model with climate tipping, the effect on policy is increased saving and increased taxation of greenhouse gas emissions. Climate change is often seen as a tragedy of the commons because incentives to deviate undermine cooperation and prevention of climate change. However, a climate tipping point can be prevented in a Nash equilibrium or with partial cooperation if the drop in welfare is sufficiently high. In case of uncertainty about the threshold, this result remains if the uncertainty is not too large. In the conclusion, the paper makes a few remarks on including tipping points in teaching environmental and resource economics.
英文关键词Climate tipping points; Economic policy; Growth; Tragedy of the commons
语种英语
WOS研究方向Business & Economics
WOS类目Economics
WOS记录号WOS:001188380200001
来源期刊JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/307500
作者单位Tilburg University; Royal Swedish Academy of Sciences; Beijer Institute of Ecological Economics
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de Zeeuw, Aart. Climate change, tipping points, and economics[J],2024,109.
APA de Zeeuw, Aart.(2024).Climate change, tipping points, and economics.JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS,109.
MLA de Zeeuw, Aart."Climate change, tipping points, and economics".JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS 109(2024).
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